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Is Barnes & Noble preparing to launch another tablet under the Nook name? Rumor has it the company will launch a new, pricier Nook Colors this year.

According to a tip obtained by the Digital Reader, B&N will launch a $349 tablet that could be named Acclaim. The Nook Simple Touch Reader will still be offered at $139 and the Nook Color will stay at $249. The tipster didn't offer any information on the specs of the device, but said the tablet would launch in the next quarter, likely in some time in October.

The Digital Reader also pointed to a tablet it saw on a slide from a Barnes & Noble company presentation with the codename Encore, but speculated that this is an updated version of the current 7-inch Nook Color.